BSP governor says Fed should be ‘more caring’

Central Bank of the Philippines

Philippine central bank governor Felipe Medalla said he wished the US Federal Reserve would be “more caring” about international conditions when it raises interest rates.

Medalla made the comment at a talk held by the International Monetary Fund and the World Bank on April 11. He said the Central Bank of the Philippines (BSP) has used a mix of policy tools to fight inflation and protect the peso from shocks, including raising its policy rate by 425 basis points since May 2022.

The governor

by :

Source link

Capital Media

Read Previous

4 ans après son lancement, I&P Accélération au Sahel a financé 87 entreprises de la zone sahélienne en Afrique

Read Next

A ‘hybrid’ solar eclipse is about to be visible in Australia. Here’s when and where you can see it

%d bloggers like this: